HC Deb 29 April 1974 vol 872 c384W
Mr. Horam

asked the Chancellor of the Exchequer whether he will publish, for the convenience of Members and other interested individuals, explanatory notes on the Finance Bill.

Dr. Gilbert

Yes. I am arranging for short background notes on each of the main clauses in the Finance Bill to be made available to Members in the Vote Office on Thursday 2nd May. It is hoped to provide such notes on a regular basis shortly after publication of future Finance Bills. The background notes will be accompanied on this occasion by more detailed explanatory notes, prepared by the Board of Inland Revenue, on three sets of complex provisions in the Bill—those relating to development gains from land, foreign income and tax relief on interest payments. All this material will be available also from the Board of Inland Revenue, at Somerset House, London, WC2R 1LB, on request.